New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 5, 2014
10:00 EDTHEAR, PSDV, MCEP, RXII, ADMS, LQ, KING, LJPC, FEYE, LGCY, LREOn The Fly: Analyst Initiation Summary
Adamas Pharmaceuticals (ADMS) initiated with an Overweight at Piper Jaffray... FireEye (FEYE) initiated with a Hold at Deutsche Bank... King Digital (KING) initiated with a Buy at BofA/Merrill... LRR Energy (LRE) initiated with an Underperform at BofA/Merrill... La Jolla (LJPC) initiated with a Buy at H.C. Wainwright... La Quinta (LQ) initiated with a Buy at Stifel... Legacy Reserves (LGCY) reinstated with a Neutral at BofA/Merrill... Mid-Con Energy (MCEP) initiated with an Underperform at BofA/Merrill... Parametric Sound (HEAR) initiated with an Outperform at Cowen... RXi Pharmaceuticals (RXII) initiated with a Buy at H.C. Wainwright... pSivida (PSDV) initiated with a Buy at MLV & Co.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
July 23, 2015
14:17 EDTFEYEEarnings Watch: Visa reports after 'top pick' mention by Bernstein
Visa (V) is expected to report third quarter results after the close on July 23, with a conference call scheduled for 5:00 pm ET. Visa is a global payments technology company. EXPECTATIONS: Analysts are looking for earnings per share of 59c on revenue of $3.36B. EPS consensus ranges 54c-65c on a revenue range of $3.32B-$3.41B, according to First Call. LAST QUARTER: On April 30, Visa reported second quarter EPS of 63c against expectations for 62c, and reported revenue of $3.41B versus estimates of $3.34B. During its quarterly conference call, the company noted that "we're now looking at Q3 fully diluted EPS being 6c-8c lower than analyst's current expectations," adding that results are likely to be pressured by higher client incentives. Visa executives also disclosed expectations for a "meaningful step-up" in Q3 expense growth, with a number of marketing and technology initiatives having shifted towards the latter half of the year. PEERS: American Express (AXP) reported quarterly earnings after the close on July 22, with earnings above consensus estimates but revenue somewhat below expectations, noting a "significant" impact from a stronger U.S. dollar on international operations. NEWS: On May 8, Bloomberg reported that Visa was in preliminary talks to acquire Visa Europe for $15B-$20B, according to sources. On June 3, Visa and FireEye (FEYE) announced a strategic partnership to co-develop tools and services to protect against cyber attacks targeting payment data. On June 5, the Wall Street Journal reported that, due to Visa and MasterCard (MA) having finalized their card-security technology, Google's (GOOG) Android Pay will not be earning any transaction fees from credit-card issuers, and on June 17, Reuters reported that a U.S. appeals court affirmed that American Express can no longer block businesses from steering customers towards competitor cards, such as those of Visa. STREET RESEARCH: On May 19, Pacific Crest's Josh Beck shifted his preference to MasterCard from Visa, though he noted that the shift was simply due to Visa's outperformance over the past year. On May 20, Bernstein noted that the risk/reward ratio for both Visa and MasterCard looks positive, with the companies offering secular growth, "compelling" business models, and modest risk. More recently on July 14, Bernstein named Visa among its "Vintage Values 2016" list, citing the company's U.S. acquirer price increase and expectations that the Visa Europe put option will be exercised this year. PRICE ACTION: Shares of Visa have fallen just under 1% to $71.41 ahead of Thursday's earnings report.
11:32 EDTFEYEIT security stocks climb after Fortinet, F5 beat expectations
Subscribe for More Information
July 22, 2015
19:02 EDTFEYEOn The Fly: After Hours Movers
Subscribe for More Information
July 17, 2015
14:37 EDTFEYEUCLA Health says 4.5M individuals' data possibly exposed in cyber attack
Subscribe for More Information
10:56 EDTFEYECVS investigates credit card breach at online photo unit, KrebsOnSecurity says
Subscribe for More Information
07:11 EDTFEYEGigamon checks show continued momentum, says William Blair
Subscribe for More Information
July 16, 2015
10:18 EDTKINGOptions with increasing implied volatility
Options with increasing implied volatility: SRPT ENR FOSL KING
08:36 EDTFEYEFinjan Holdings files second lawsuit against Blue Coat
Finjan Holdings (FNJN) announced that its subsidiary, Finjan, Inc. has filed a second patent infringement lawsuit against Blue Coat Systems, alleging infringement of seven Finjan patents relating to new infringing Blue Coat products and services. The Complaint, filed July 15, 2015, in the U.S. District Court for the Northern District of California, alleges that Blue Coat's new products and services infringe seven Finjan patents. In particular, Finjan is asserting infringement of U.S. Patent Nos. 6,154,844; 6,965,968; 7,418,731; 8,079,086; 8,225,408; 8,566,580; 8,677,494; four of which are being asserted against Blue Coat for the first time. Finjan is seeking a jury trial; entry of judgment of direct and indirect infringement of certain claims of each of the asserted patents by Blue Coat; preliminary and permanent injunction against Blue Coat and its officers, among others, from infringing the asserted patents; and damages to be determined by a jury. This original case against Blue Coat will be proceeding to trial on July 20, 2015, with all six patents included in Finjan's first complaint against Blue Coat. Those patents include 6,804,780; 6,154,844; 7,418,731; 6,965,968; 7,058,822 and 7,647,633. The trial in the first case is expected to last for two weeks. Finjan has filed patent infringement lawsuits against FireEye (FEYE), Proofpoint, Sophos, Symantec (SYMC), and Palo Alto Networks (PANW) relating to, collectively, more than 20 patents in the Finjan portfolio.
July 15, 2015
10:33 EDTKINGOptions with increasing implied volatility: KING FOSL
08:03 EDTLJPCLa Jolla granted orphan status for fibrodysplasia treatment
Subscribe for More Information
July 14, 2015
10:36 EDTKINGOptions with increasing implied volatility
Subscribe for More Information
07:56 EDTKINGKing Digital initiated with an Overweight at Morgan Stanley
Target $18.
July 13, 2015
12:58 EDTPSDVActivity of pSivida uveitis drug impressive in small study, says Ladenburg
Subscribe for More Information
10:41 EDTKINGOptions with increasing implied volatility
Subscribe for More Information
10:34 EDTFEYEFireEye initiated with a Buy at Dougherty
Subscribe for More Information
10:09 EDTLJPCLa Jolla mentioned cautiously by TheStreetSweeper
Reference Link
09:11 EDTPSDVOn The Fly: Pre-market Movers
Subscribe for More Information
08:36 EDTADMSAdamas Pharmaceuticals management to meet with Piper Jaffray
Subscribe for More Information
08:10 EDTHEARTurtle Beach announces partnership with Audiology Management Group
Subscribe for More Information
07:32 EDTPSDVpSivida says results from Phase II Medidur study 'positive'
Subscribe for More Information
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the disclaimer & terms of use